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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
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Morning Wrap: Fed Cuts Rates; Singapore Retail Sector Sees Modest 1% Growth Outlook for 2026

Singapore markets opened higher on Thursday, lifted by Wall Street’s overnight rally after the U.S. Federal Reserve delivered a  25bp rate cut . Here are the key highlights investors need to know. Singapore Market Snapshot STI:  4,532.07 (+0.45%) Volume / Value:  73.54M / S$91.20M Advancers / Decliners:  101 / 34 Wall Street Surges After Fed Cut The Fed cut its benchmark rate to  3.5%–3.75%  for the third time since September, sparking gains across major indexes: Dow Jones:  +1.1% S&P 500:  +0.7% (near all-time high) Nasdaq:  +0.3% Russell 2000:  +1.3% (new record) Tech stocks such as  SanDisk  and  Micron  rallied. Crypto was mixed:  Ethereum  (+1%) outperformed while  Bitcoin ,  Solana , and  XRP  slipped. Singapore Retail Sector Forecasts Slow 1% Growth in 2026 DBS Research expects Singapore’s retail sector to expand  just 1% in 2026  amid cautious consumer sentiment and ...
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Gold Climbs as Divided Fed Cuts Rates; Silver Hits New Record High

 Gold prices rose on Thursday after the U.S. Federal Reserve delivered a  25bps rate cut , even as policymakers remained sharply divided on the path of future easing. Silver extended its powerful rally, touching another  record high . Gold Edges Higher After Fed Cut As of 0040 GMT: Spot gold  rose  0.3%  to  US$4,242.39/oz US gold futures (Feb)  gained  1.1%  to  US$4,271.30/oz Gold benefited from the lower-rate environment, as  non-yielding assets  typically perform better when borrowing costs decline. Fed Divided on Future Easing The Fed cut rates by 25bps but signaled a  higher bar for further reductions , citing: Inflation that “remains somewhat elevated” Need for clearer evidence of a softening job market In a rare split,  six Fed officials  indicated they did  not support even this cut  — highlighting unprecedented division within the central bank. Fed Chair  Jerome Powell  gave no ...
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